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Financial Services Law Insights and Observations

Pennsylvania Attorney General requests redlining victims file complaints to further investigation

State Issues State Attorney General Consumer Finance Fair Lending Redlining Mortgages

State Issues

On October 22, the Pennsylvania Attorney General announced a request for mortgage borrowers and home-loan applicants who believe they may be victims of redlining to file complaints with that office. The announcement states that the Attorney General is investigating evidence of redlining by financial institutions in Philadelphia neighborhoods where lenders either refused to make loans due to the applicant’s race or dissuaded minorities from applying for mortgage loans. The investigation is in response to an investigative article identifying a pattern of racial discrimination in mortgage lending in the Philadelphia area.

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